Philippines Economy

Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.

Philippines Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PSI Composite PSI 7115.09 -0.5 0 0.54118 48.7214 -0.0027 0.01514 -0.0391 0.09513
Philippines ETF EPHE 30.88 0 0 0.0833 49.3392 0.00227 0.02455 -0.0516 0.05501
Philippine peso US Dollar (PHP/USD) PHPUSD 51.979 0 0.75 1.03876 50.0714 -0.00146 -0.00728 0.01205 0.07091
Philippines 5-Year Bond Yield PH.5Y 5.2 1 1 2.45364 67.671 0.0297 0.0297 0.05051 0.65079
Philippines 2-year bond yield PH.2Y 3.404 0 0.75 2.50963 61.0527 0.01249 -0.01247 -0.0041 0.27778
Philippines Yield Curve PH.YC 2.1 0.5 1 1.10936 59.2792 21.81 31 52.28 0.82149
Philippines Credit Default Swaps CDS.Philippines 48.25 -0.5 -0.5 -0.91066 44.8324 5.46 8.43 3.76 -0.03705

PSI Composite closed up by 0.02392% to 7289.88 on 23 January 2021 and +0.02103% on a weekly basis. PSI Composite momentum was last calculated at +1.0/100 indicating positive momentum. PSI Composite trend is +0.75/100 indicating a positive trend. PSI Composite momentum exhaustion is 0.93245 indicating PSI Composite is oversold.Philippines ETF closed down by -0.00488% to 32.61 on 23 January 2021 and +0.00369% on a weekly basis. Philippines ETF momentum was last calculated at +0.0/100 indicating positive momentum. Philippines ETF trend is +0.25/100 indicating a positive trend. Philippines ETF momentum exhaustion is 1.33486 indicating Philippines ETF is oversold.Philippines 10-Year Bond Yield closed up by 0.0% to 2.975 on 23 January 2021 and +0.0% on a weekly basis. Philippines 10-Year Bond Yield momentum was last calculated at -0.5/100 indicating negative momentum. Philippines 10-Year Bond Yield trend is +0.0/100 indicating a positive trend. Philippines 10-Year Bond Yield momentum exhaustion is -0.57201 indicating Philippines 10-Year Bond Yield is oversold.Philippine peso US Dollar (PHP/USD) closed up by 0.0% to 48.014 on 23 January 2021 and +-0.00065% on a weekly basis. Philippine peso US Dollar (PHP/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Philippine peso US Dollar (PHP/USD) trend is -1.0/100 indicating a negative trend. Philippine peso US Dollar (PHP/USD) momentum exhaustion is -1.39932 indicating Philippine peso US Dollar (PHP/USD) is oversold.Philippines Credit Default Swaps closed up by 0.0% to 35.5 on 23 January 2021 and +0.0% on a weekly basis. Philippines Credit Default Swaps momentum was last calculated at -0.5/100 indicating negative momentum. Philippines Credit Default Swaps trend is -0.5/100 indicating a negative trend. Philippines Credit Default Swaps momentum exhaustion is -0.91066 indicating Philippines Credit Default Swaps is oversold.

Philippines News

Philippines Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual -4.2 -8.3 -0.493976 -1.64615 -1.0 -1.0 0.0666667 2021-01-01
inflation cpi 4.9 4 22.5 8.89 UP UP 88.33 2022-05-04
unemployment rate 8.7 10 -0.13 0.74 1.0 1.0 0.966667 2020-11-01
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 54.3 53.2 2.07 10.82 UP UP 98.33 2022-05-04
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 53.5 39.6 0.35101 -0.0219378 1.0 -1.0 0 2020-01-31
external debt 106428 98488 8.06 64.4 UP UP 0 2022-05-04
foreign exchange reserves 103530 105400 -1.77 -3.47 Down Down 68.33 2022-06-11
gold reserves 156.29 158.81 -1.59 -21.03 Down Down 25 2022-06-11
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account -2441.56 -815.41 199.43 372.64 Down Down 1.67 2022-06-22
current account to gdp 3.6 -0.9 -5 0.636364 1.0 1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 2 2.25 -0.111111 -0.555556 -1.0 -1.0 0.0166667 2020-11-19
central bank balance sheet 7340.26 7306.26 0.00465354 0.46901 1.0 1.0 1 2020-11-30
banks balance sheet 3078.5 3172.3 -0.0295685 1.47309 1.0 1.0 0.95 2020-08-31
money supply m2 14657100 14597700 0.41 8.38 UP UP 96.67 2022-06-06
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget -146785 4936 -3073.76 -2.05 Down UP 21.67 2022-06-24
government revenues 347949 293883 18.4 19.19 UP UP 98.33 2022-05-26
fiscal expenditure 343013 481549 -28.77 1.98 Down UP 68.33 2022-05-26

Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.Philippines’s building permits decreased to 16004.0 by -48.1% on February 2020 from 30838.0 in the previous Quarterly. On a year on year basis Philippines’s building permits decreased by -55.52%. Philippines’s building permits trend is down since the current value of 16004.0 is lower than the 12 month moving average of 37563.6.Philippines’s business confidence decreased to 10.6 by -300.0% on August 2020 from -5.3 in the previous Quarterly. On a year on year basis Philippines’s business confidence decreased by -72.03%. Philippines’s business confidence trend is down since the current value of 10.6 is lower than the 12 month moving average of 30.0167.Philippines’s consumer confidence decreased to -47.9 by -12.11% on May 2020 from -54.5 in the previous Quarterly. On a year on year basis Philippines’s consumer confidence decreased by -569.61%. Philippines’s consumer confidence trend is down since the current value of -47.9 is lower than the 12 month moving average of -9.3025.

Philippines Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 1.4 17.4 -0.91954 -0.964557 -1.0 -1.0 0.15 2021-04-01
manufacturing pmi 54.3 53.2 2.07 10.82 UP UP 98.33 2022-05-04

Philippines’s business confidence decreased to 10.6 by -300.0% on August 2020 from -5.3 in the previous Quarterly. On a year on year basis Philippines’s business confidence decreased by -72.03%. Philippines’s business confidence trend is down since the current value of 10.6 is lower than the 12 month moving average of 30.0167.Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.

Philippines Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
total vehicle sales 6964 6259 11.26 -8.36 UP Down 26.67 2022-06-22
consumer confidence -15.1 -24 -37.08 -32.89 UP UP 55 2022-06-06
retail sales yoy 2.1 2 0.05 2.5 1.0 1.0 0.866667 2021-05-31

Philippines’s total vehicle sales decreased to 7790.0 by -13.33% on November 2020 from 8988.0 in the previous Monthly. On a year on year basis Philippines’s total vehicle sales decreased by -18.44%. Philippines’s total vehicle sales trend is down since the current value of 7790.0 is lower than the 12 month moving average of 5841.92.Philippines’s consumer confidence decreased to -47.9 by -12.11% on May 2020 from -54.5 in the previous Quarterly. On a year on year basis Philippines’s consumer confidence decreased by -569.61%. Philippines’s consumer confidence trend is down since the current value of -47.9 is lower than the 12 month moving average of -9.3025.Philippines’s retail sales yoy decreased to 1.2 by -14.29% on September 2020 from 1.4 in the previous Monthly. On a year on year basis Philippines’s retail sales yoy increased by 33.33%. Philippines’s retail sales yoy trend is down since the current value of 1.2 is lower than the 12 month moving average of 1.2.

Philippines Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 54.3 53.2 2.07 10.82 UP UP 98.33 2022-05-04
industrial production 9.7 375.1 -97.41 -93.71 Down Down 68.33 2022-06-11
capacity utilization 69.18 70.36 -1.68 8.77 UP UP 30 2022-06-14

Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.Philippines’s industrial production icnreased to -14.2 by 14.52% on October 2020 from -12.4 in the previous Monthly. On a year on year basis Philippines’s industrial production increased by 144.83%. Philippines’s industrial production trend is down since the current value of -14.2 is lower than the 12 month moving average of -14.375.Philippines’s capacity utilization decreased to 67.2 by -0.53% on October 2020 from 67.56 in the previous Monthly. On a year on year basis Philippines’s capacity utilization decreased by -20.5%. Philippines’s capacity utilization trend is down since the current value of 67.2 is lower than the 12 month moving average of 75.6617.

Philippines Retail Sector

 

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales MoM 0.4 -0.3 -2.33333 3 1.0 1.0 0.966667 2020-06-30

Philippines’s retail sales MoM decreased to 0.4 by -233.33% on June 2020 from -0.3 in the previous Monthly. On a year on year basis Philippines’s retail sales MoM increased by 300.0%. Philippines’s retail sales MoM trend is down since the current value of 0.4 is lower than the 12 month moving average of 0.0833333.

Philippines Construction Sector

 

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
building permits 33627 31026 0.0838329 -0.153974 -1.0 -1.0 0.116667 2021-01-01
housing index 10590 10327 0.0254672 -0.0173518 -1.0 -1.0 0.116667 2020-10-01

Philippines’s building permits decreased to 16004.0 by -48.1% on February 2020 from 30838.0 in the previous Quarterly. On a year on year basis Philippines’s building permits decreased by -55.52%. Philippines’s building permits trend is down since the current value of 16004.0 is lower than the 12 month moving average of 37563.6.Philippines’s housing index decreased to 10891.0 by -8.31% on November 2019 from 11878.0 in the previous Quarterly. On a year on year basis Philippines’s housing index increased by 13.39%. Philippines’s housing index trend is down since the current value of 10891.0 is lower than the 12 month moving average of 10838.3.

Philippines GDP

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 4618130 5201500 -11.22 104.61 UP UP 95 2022-05-04
gdp growth annual -4.2 -8.3 -0.493976 -1.64615 -1.0 -1.0 0.0666667 2021-01-01
gdp 376.796 346.842 0.0863621 1.41567 1.0 1.0 0 2019-01-31
gdp growth 1.9 3.5 -45.71 216.67 UP UP 69.17 2022-05-04

Philippines’s Real GDP icnreased to 4138010.0 by 0.12% on July 2020 from 4133170.0 in the previous Quarterly. On a year on year basis Philippines’s Real GDP increased by 97.61%. Philippines’s Real GDP trend is down since the current value of 4138010.0 is lower than the 12 month moving average of 2835460.0.Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s gdp icnreased to 376.796 by 8.64% on January 2019 from 346.842 in the previous Yearly. On a year on year basis Philippines’s gdp increased by 141.57%. Philippines’s gdp trend is down since the current value of 376.796 is lower than the 12 month moving average of 276.685.Philippines’s gdp growth decreased to 8.0 by -153.69% on July 2020 from -14.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth increased by 370.59%. Philippines’s gdp growth trend is down since the current value of 8.0 is lower than the 12 month moving average of 0.0916667.

Philippines inflation

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 4.9 4 22.5 8.89 UP UP 88.33 2022-05-04
core inflation rate 3 3.3 -0.0909091 0 -1.0 -1.0 0.308333 2021-06-30
consumer price index cpi 113.9 113.4 0.44 -10.88 UP Down 28.33 2022-06-11
Producer Price Index 95.92 95.32 0.63 6.72 UP UP 41.67 2022-05-26
PPI Index 6.1 5.1 19.61 -303.33 UP UP 100 2022-05-26

Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s core inflation rate icnreased to 3.2 by 6.67% on November 2020 from 3.0 in the previous Monthly. On a year on year basis Philippines’s core inflation rate increased by 23.08%. Philippines’s core inflation rate trend is down since the current value of 3.2 is lower than the 12 month moving average of 3.09167.Philippines’s consumer price index cpi icnreased to 125.1 by 1.05% on November 2020 from 123.8 in the previous Monthly. On a year on year basis Philippines’s consumer price index cpi increased by 3.3%. Philippines’s consumer price index cpi trend is down since the current value of 125.1 is lower than the 12 month moving average of 122.975.Philippines’s Producer Price Index decreased to 128.2 by -0.77% on December 2020 from 129.2 in the previous Monthly. On a year on year basis Philippines’s Producer Price Index decreased by -3.56%. Philippines’s Producer Price Index trend is down since the current value of 128.2 is lower than the 12 month moving average of 130.537.Philippines’s PPI Index icnreased to -3.4 by 3.03% on November 2020 from -3.3 in the previous Monthly. On a year on year basis Philippines’s PPI Index decreased by -950.0%. Philippines’s PPI Index trend is down since the current value of -3.4 is lower than the 12 month moving average of -3.65833.

Philippines Government Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -7.5 -3.4 1.20588 7.33333 -1.0 -1.0 0 2020-01-31
Government budget -146785 4936 -3073.76 -2.05 Down UP 21.67 2022-06-24
government revenues 347949 293883 18.4 19.19 UP UP 98.33 2022-05-26
fiscal expenditure 343013 481549 -28.77 1.98 Down UP 68.33 2022-05-26

Philippines’s Government budget icnreased to -128278.0 by 109.05% on November 2020 from -61362.0 in the previous Monthly. On a year on year basis Philippines’s Government budget increased by 110.7%. Philippines’s Government budget trend is down since the current value of -128278.0 is lower than the 12 month moving average of -122491.0.Philippines’s government revenues icnreased to 245772.0 by 7.7% on November 2020 from 228206.0 in the previous Monthly. On a year on year basis Philippines’s government revenues decreased by -19.35%. Philippines’s government revenues trend is down since the current value of 245772.0 is lower than the 12 month moving average of 239402.0.Philippines’s fiscal expenditure icnreased to 374050.0 by 29.18% on November 2020 from 289568.0 in the previous Monthly. On a year on year basis Philippines’s fiscal expenditure increased by 2.3%. Philippines’s fiscal expenditure trend is down since the current value of 374050.0 is lower than the 12 month moving average of 348388.0.

Philippines Monetary Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 2 2.25 -0.111111 -0.555556 -1.0 -1.0 0.0166667 2020-11-19
central bank balance sheet 7340.26 7306.26 0.00465354 0.46901 1.0 1.0 1 2020-11-30
banks balance sheet 3078.5 3172.3 -0.0295685 1.47309 1.0 1.0 0.95 2020-08-31
money supply m0 1929970 1869350 3.24 15.61 UP UP 100 2022-06-06
money supply m1 6338960 6283160 0.89 14.89 UP UP 100 2022-06-06
money supply m2 14657100 14597700 0.41 8.38 UP UP 96.67 2022-06-06
money supply m3 15253500 15243700 0.06 7.43 UP UP 96.67 2022-06-06

Philippines’s interest rate decreased to 2.0 by -11.11% on November 2020 from 2.25 in the previous Daily. On a year on year basis Philippines’s interest rate decreased by -55.56%. Philippines’s interest rate trend is down since the current value of 2.0 is lower than the 12 month moving average of 3.27083.Philippines’s central bank balance sheet icnreased to 5951.07 by 5.03% on May 2020 from 5666.06 in the previous Monthly. On a year on year basis Philippines’s central bank balance sheet increased by 14.62%. Philippines’s central bank balance sheet trend is down since the current value of 5951.07 is lower than the 12 month moving average of 5212.78.Philippines’s banks balance sheet decreased to 3078.5 by -2.96% on August 2020 from 3172.3 in the previous Monthly. On a year on year basis Philippines’s banks balance sheet increased by 147.31%. Philippines’s banks balance sheet trend is down since the current value of 3078.5 is lower than the 12 month moving average of 2619.86.Philippines’s money supply m2 icnreased to 12870400.0 by 0.22% on October 2020 from 12842000.0 in the previous Monthly. On a year on year basis Philippines’s money supply m2 increased by 12.11%. Philippines’s money supply m2 trend is down since the current value of 12870400.0 is lower than the 12 month moving average of 12515200.0.

Philippines Employment

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 8.7 10 -0.13 0.74 1.0 1.0 0.966667 2020-11-01

Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.

Philippines Trade & Capital Flows

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account -2441.56 -815.41 199.43 372.64 Down Down 1.67 2022-06-22
current account to gdp 3.6 -0.9 -5 0.636364 1.0 1.0 0 2020-01-31
exports 6128580 7170940 -14.54 6.02 Down UP 70 2022-06-14
imports 10901700 12174900 -10.46 22.79 UP UP 95 2022-06-14
balance of trade -4773150 -5003930 -4.61 54.08 Down Down 5 2022-06-11
capital flows -33.36 7.99 -517.52 -819.66 Down Down 1.67 2022-06-22
foreign direct investment 727 893 -18.59 -10.02 Down Down 55 2022-06-14

Philippines’s current account icnreased to 1651.85 by 33.29% on September 2020 from 1239.33 in the previous Monthly. On a year on year basis Philippines’s current account decreased by -2126.52%. Philippines’s current account trend is down since the current value of 1651.85 is lower than the 12 month moving average of 777.893.Philippines’s current account to gdp decreased to 2.2 by -414.29% on January 2019 from -0.7 in the previous Yearly. On a year on year basis Philippines’s current account to gdp decreased by -55.1%. Philippines’s current account to gdp trend is down since the current value of 2.2 is lower than the 12 month moving average of 2.44167.Philippines’s exports decreased to 6202100.0 by -0.82% on October 2020 from 6253300.0 in the previous Monthly. On a year on year basis Philippines’s exports decreased by -1.98%. Philippines’s exports trend is down since the current value of 6202100.0 is lower than the 12 month moving average of 5287680.0.Philippines’s imports decreased to 7979030.0 by -0.71% on October 2020 from 8036090.0 in the previous Monthly. On a year on year basis Philippines’s imports decreased by -16.6%. Philippines’s imports trend is down since the current value of 7979030.0 is lower than the 12 month moving average of 7266330.0.Philippines’s balance of trade decreased to -1776920.0 by -0.33% on October 2020 from -1782790.0 in the previous Monthly. On a year on year basis Philippines’s balance of trade decreased by -45.16%. Philippines’s balance of trade trend is down since the current value of -1776920.0 is lower than the 12 month moving average of -1979620.0.Philippines’s capital flows decreased to 3.9726 by -8.62% on September 2020 from 4.3474 in the previous Monthly. On a year on year basis Philippines’s capital flows decreased by -30.36%. Philippines’s capital flows trend is down since the current value of 3.9726 is lower than the 12 month moving average of 6.34925.Philippines’s foreign direct investment decreased to 523.0 by -17.9% on September 2020 from 637.0 in the previous Quarterly. On a year on year basis Philippines’s foreign direct investment decreased by -7.92%. Philippines’s foreign direct investment trend is down since the current value of 523.0 is lower than the 12 month moving average of 616.167.

Philippines Reserves

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 103530 105400 -1.77 -3.47 Down Down 68.33 2022-06-11
gold reserves 156.29 158.81 -1.59 -21.03 Down Down 25 2022-06-11

Philippines’s foreign exchange reserves icnreased to 104510.0 by 0.68% on November 2020 from 103800.0 in the previous Monthly. On a year on year basis Philippines’s foreign exchange reserves increased by 21.2%. Philippines’s foreign exchange reserves trend is down since the current value of 104510.0 is lower than the 12 month moving average of 94654.8.Philippines’s gold reserves decreased to 190.15 by -3.92% on February 2020 from 197.9 in the previous Quarterly. On a year on year basis Philippines’s gold reserves decreased by -3.16%. Philippines’s gold reserves trend is down since the current value of 190.15 is lower than the 12 month moving average of 196.753.Philippines’s government debt to gdp decreased to 41.5 by -0.72% on January 2019 from 41.8 in the previous Yearly. On a year on year basis Philippines’s government debt to gdp decreased by -19.26%. Philippines’s government debt to gdp trend is down since the current value of 41.5 is lower than the 12 month moving average of 47.6.Philippines’s external debt icnreased to 83617.9 by 5.9% on February 2018 from 78959.6 in the previous Yearly. On a year on year basis Philippines’s external debt increased by 25.73%. Philippines’s external debt trend is down since the current value of 83617.9 is lower than the 12 month moving average of 75417.8.

Philippines Debt

 

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 53.5 39.6 0.35101 -0.0219378 1.0 -1.0 0 2020-01-31
external debt 106428 98488 8.06 64.4 UP UP 0 2022-05-04

Philippines’s government debt to gdp decreased to 41.5 by -0.72% on January 2019 from 41.8 in the previous Yearly. On a year on year basis Philippines’s government debt to gdp decreased by -19.26%. Philippines’s government debt to gdp trend is down since the current value of 41.5 is lower than the 12 month moving average of 47.6.Philippines’s external debt icnreased to 83617.9 by 5.9% on February 2018 from 78959.6 in the previous Yearly. On a year on year basis Philippines’s external debt increased by 25.73%. Philippines’s external debt trend is down since the current value of 83617.9 is lower than the 12 month moving average of 75417.8.

Philippines Banking activity

 

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Interbank Rate 1.66 1.66 0 0.469027 1.0 1.0 0.983333 2021-06-02
deposit interest rate 1.5 1.5 0 -0.333333 -1.0 -1.0 0.266667 2021-02-28
bank lending rate 6.542 6.767 -0.0332496 -0.0686219 -1.0 -1.0 0.0166667 2019-12-31
loans to private sector 8741860 8632330 1.27 10.33 UP UP 100 2022-06-06
lending rate 2.5 2.75 -0.0909091 -0.444444 -1.0 -1.0 0.05 2020-11-30
cash reserve ratio 12 14 -0.142857 -0.333333 -1.0 -1.0 0.0166667 2020-03-31

Philippines’s Interbank Rate Philippines’s Interbank Rate trend is down since the current value of 6.25 is lower than the 12 month moving average of 6.25.Philippines’s deposit interest rate On a year on year basis Philippines’s deposit interest rate decreased by -17.65%. Philippines’s deposit interest rate trend is down since the current value of 3.5 is lower than the 12 month moving average of 3.92708.Philippines’s bank lending rate decreased to 6.542 by -3.32% on December 2019 from 6.767 in the previous Monthly. On a year on year basis Philippines’s bank lending rate decreased by -6.86%. Philippines’s bank lending rate trend is down since the current value of 6.542 is lower than the 12 month moving average of 7.09583.Philippines’s loans to private sector decreased to 7822090.0 by -1.02% on October 2020 from 7902960.0 in the previous Monthly. On a year on year basis Philippines’s loans to private sector increased by 1.95%. Philippines’s loans to private sector trend is down since the current value of 7822090.0 is lower than the 12 month moving average of 8001660.0.Philippines’s lending rate decreased to 2.5 by -9.09% on November 2020 from 2.75 in the previous Monthly. On a year on year basis Philippines’s lending rate decreased by -44.44%. Philippines’s lending rate trend is down since the current value of 2.5 is lower than the 12 month moving average of 3.3125.Philippines’s cash reserve ratio decreased to 12.0 by -14.29% on March 2020 from 14.0 in the previous Monthly. On a year on year basis Philippines’s cash reserve ratio decreased by -33.33%. Philippines’s cash reserve ratio trend is down since the current value of 12.0 is lower than the 12 month moving average of 15.5.